Sensex sheds 79 pts, Nifty slips to 10,585

Stock benchmarks had a hard landing on Friday, reflecting weak global leads, as the US Fed signalled a rate hike next month. Throughout, the market was under the grip of volatility as participants were not sure which way to move. The 30-share Sensex fell 79 points, or 0.22 per cent, to close at 35,158. The broader NSE Nifty lost 13 points, or 0.12 per cent, to end at 10,585.